Detroit automakers fuming after Trump’s first trade deal gives preferential treatment to imported U.K. cars over their own

Quick Summary:

'Under this deal, it will now be cheaper to import a UK vehicle with very little U.S.content than a USMCA compliant vehicle from Mexico or Canada that is half American parts.

The president even confessed being inclined to reduce tariffs he had unilaterally imposed without Congressional consent since they were deemed critical to U.S.national security.

The former’s Labour party was just trounced in local elections while the U.S.president’s poll ratings have sunk after steering the country towards a possible recession over a trade war with his closest allies.

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Article Details

Author / Journalist: Christiaan Hetzner

Category: EconomyBusiness

Markets: United StatesCanadaMexico

Topics: Ford Motor Autos Donald Trump General Motors UK Tariffs and trade Stellantis UK government Politics

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 12:04:17 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 6 lines

Sentence Length: 103 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28513998

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Official Website: fortune.com

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